JE 1 2024 Record transfer of net loss to retained earnings

JE 2 2025 Record transfer of net income to retained earnings

JE 3 2025 Record repurchase of shares for retirement

JE 4 2025 Record declaration of cash dividend

JE 5 2025 Record payment of cash dividend

JE 6 2026 Record transfer of net income to retained earnings

JE 7 2026 Record issue of stock dividend

JE 8 2026 Record declaration of cash dividend

JE 9 2026 Record payment of cash dividend

Comparative statements of retained earnings for Renn-Dever Corporation were as follows: At December 31, 2023, common shares consisted of the following: Comnon stock, 1,978,000 shares at $1 par Paid-in capital-excess of par $1,970,00011,826,000 Required: Infer from the reports the events and transactions that affected Renn-Dever Corporation's retained earnings during 2024, 2025, and 2026. Prepare the journal entries that reflect those events and transactions. (Hint: In lieu of revenues and expenses, use an account. titled "Income summary" to close net income or net loss.) Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field